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US Steel to remain in America, form 'partnership' with Nippon, Trump says

Investing.comFriday, May 23, 2025 at 7:51:08 PM
US Steel to remain in America, form 'partnership' with Nippon, Trump says
Former President Donald Trump announced that US Steel will stay in American hands by forming a "partnership" with Japan's Nippon Steel, easing concerns about a full foreign takeover. The deal appears to balance economic interests with political optics, keeping jobs and operations stateside while allowing international collaboration.
Editor’s Note: This story matters because US Steel is an iconic American company, and its future has been a flashpoint in debates over jobs, trade, and national security. A full sale to a foreign buyer could’ve sparked backlash, but this compromise—framed as a partnership—might soften the blow while still bringing in global expertise. For workers and policymakers, it’s a wait-and-see moment: will this actually protect US interests, or is it just a rebranded takeover?
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